Which of the following is an employer mandate in the new the federal government's new national health
care program?
A) Under the new program, the federal government will coordinate the establishment of health insurance exchanges.
B) A tax rate of 3.8 percent will be assessed on nearly all earnings above $200,000 per year forindividuals and above $250,000 per year for married couples.
C) Firms with at least 50 employees must either provide health insurance or pay fines when uninsured employees receive tax subsidies to purchase insurance.
D) Nearly all U.S. residents must either purchase health insurance coverage or pay a fine of up to $750 per year for an individual (up to $2,250 per year for a family).
Answer: C
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Refer to Figure 6-10. A perfectly inelastic supply curve is shown in
A) Panel A. B) Panel B. C) Panel C. D) Panel D.
Decrease in the real interest rate will ________ the expenditure curve:
A) decrease. B) increase. C) not change. D) none of the above.
Jeanie Reuter and Janet Rothman are tenants in first and second floor apartments. Jeanie practices her piano lessons in the morning, while Janet practices aerobics on drum beats at the same time. Further assume that the value of practice to Jeanie is $10 while the value of aerobic exercises to Janet is $6 . If Jeanie has the right to practice piano peacefully, which of the following will be a
feasible solution to the problem? a. Janet will choose a different time for practicing aerobics. b. Janet will pay Jeanie $6 to make her change the time for piano practice. c. Janet will pay Jeanie $10 to make her change the time for piano practice. d. Jeanie will pay Janet $4 to make her change the time for aerobics exercises.
Contractionary monetary policy, achieved by selling bonds in the open market, tends to discourage investment.
a. true b. false